BF Investment Limited has informed the Exchange about Intimation of Fine levied by stock exchanges which was duly paid by the Company.
BFINVEST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BF Investment Limited received penalty notices from both NSE and BSE dated May 27, 2026 for non-compliance with Regulation 17(1) of the SEBI Listing Regulations. The breach concerned failure to maintain proper board composition, specifically the appointment of an independent woman director for the quarter ended March 31, 2026. Each exchange levied a fine of Rs. 4,42,500 inclusive of GST. The company clarified it had already appointed a Woman Independent Director effective March 17, 2026, thereby rectifying the gap. The fine was paid to both exchanges on May 28, 2026. The company stated there is no material financial or operational impact.
The fine is minor (Rs. 4,42,500 per exchange) relative to most listed entities, and since the company remedied the compliance gap before the penalty and settled promptly, the stock is unlikely to face sustained pressure. However, it signals past governance oversight.